Arab Engineering Industries Balance Sheet Health
Financial Health criteria checks 4/6
Arab Engineering Industries has a total shareholder equity of EGP178.7M and total debt of EGP147.2M, which brings its debt-to-equity ratio to 82.3%. Its total assets and total liabilities are EGP344.8M and EGP166.1M respectively. Arab Engineering Industries's EBIT is EGP78.3M making its interest coverage ratio 4.9. It has cash and short-term investments of EGP36.9M.
Key information
82.3%
Debt to equity ratio
ج.م147.16m
Debt
| Interest coverage ratio | 4.9x |
| Cash | ج.م36.87m |
| Equity | ج.م178.71m |
| Total liabilities | ج.م166.08m |
| Total assets | ج.م344.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EEII's short term assets (EGP172.2M) exceed its short term liabilities (EGP113.6M).
Long Term Liabilities: EEII's short term assets (EGP172.2M) exceed its long term liabilities (EGP52.5M).
Debt to Equity History and Analysis
Debt Level: EEII's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: EEII's debt to equity ratio has increased from 7.5% to 82.3% over the past 5 years.
Debt Coverage: EEII's debt is well covered by operating cash flow (25.7%).
Interest Coverage: EEII's interest payments on its debt are well covered by EBIT (4.9x coverage).